Darling Ingredients (NYSE: DAR) EVP sells 6,474 shares after option exercise
Rhea-AI Filing Summary
DARLING INGREDIENTS INC. (DAR) reported insider equity transactions by EVP Chief Strategy Officer Sandra Dudley. She exercised 5,928 options to acquire an equal number of common shares at an exercise price of $18.82 per share, from options expiring on January 29, 2028 under the 2017 Omnibus Incentive Plan.
On the same date, 3,330 shares of common stock at $67.88 per share were delivered or withheld to cover exercise price or tax liability, and a total of 6,474 shares of common stock were sold in open-market or private transactions at prices of $67.88 and $67.87 per share. The transactions were not marked as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Dudley Sandra
Role
EVP Chief Strategy Officer
Sold
6,474 shs ($439K)
Approx. gross sale proceeds
$439K
Approx. exercise cost
$112K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options (right to buy) F1 | 5,928 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,928 | $18.82 | $112K |
| Exercise Price or Tax Liability | Common Stock | 3,330 | $67.88 | $226K |
| Sale | Common Stock | 2,598 | $67.88 | $176K |
| Sale | Common Stock | 3,876 | $67.87 | $263K |
Holdings After Transaction:
Options (right to buy) — 0 shares (Direct);
Common Stock — 74,232 shares (Direct)
Footnotes (1)
- F1. Options granted pursuant to 2017 Omnibus Incentive Plan to purchase 1,976 shares became exercisable on each of 01/29/2019, 01/29/2020 and 01/29/2021.
Key Figures
Options exercised: 5,928 shares
Option exercise price: $18.82 per share
Option expiration date: 2028-01-29
+4 more
7 metrics
Options exercised
5,928 shares
Options (right to buy) exercised into common stock on 2026-08-17
Option exercise price
$18.82 per share
Exercise price of options on 5,928 shares of common stock
Option expiration date
2028-01-29
Expiration date of the exercised options granted under 2017 Omnibus Incentive Plan
Shares withheld for exercise price or taxes
3,330 shares at $67.88 per share
Code F disposition to pay exercise price or tax liability
Shares sold at $67.88
2,598 shares at $67.88 per share
Open-market or private sale of common stock on 2026-08-17
Shares sold at $67.87
3,876 shares at $67.87 per share
Open-market or private sale of common stock on 2026-08-17
Total open-market or private sales
6,474 shares
Sum of S-code common stock sales reported for the date
Key Terms
Exercise or conversion of derivative security, 2017 Omnibus Incentive Plan, Payment of exercise price or tax liability, derivative security
4 terms
Exercise or conversion of derivative security financial
"transaction_code_description":"Exercise or conversion of derivative security"
2017 Omnibus Incentive Plan financial
"Options granted pursuant to 2017 Omnibus Incentive Plan to purchase 1,976 shares"
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
derivative security financial
"transaction_action":"derivative exercise/conversion","transaction_code_description":"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did insider Sandra Dudley do in this Form 4 for DAR (Darling Ingredients Inc.)?
Sandra Dudley exercised 5,928 stock options at an exercise price of $18.82 per share and received the same number of Darling Ingredients (DAR) common shares, then disposed of shares through a combination of tax or exercise-price settlement and open-market or private sales.
What stock options did Sandra Dudley exercise in this Darling Ingredients (DAR) Form 4?
She exercised options on 5,928 shares of Darling Ingredients common stock with an exercise price of $18.82 per share. These options were granted under the 2017 Omnibus Incentive Plan and are reported as expiring on January 29, 2028.
What does the code F transaction mean in Sandra Dudley’s Form 4 for DAR?
The code F transaction shows 3,330 shares of Darling Ingredients common stock disposed of at $67.88 per share. Code F indicates shares were delivered or withheld for payment of exercise price or tax liability related to the option exercise.
Were Sandra Dudley’s Darling Ingredients (DAR) trades under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not affirmed, indicating these reported transactions were not marked as executed under a Rule 10b5-1 or similar pre-arranged trading plan in this Form 4.
When do the exercised options reported by Sandra Dudley for Darling Ingredients (DAR) expire?
The exercised options on 5,928 shares of Darling Ingredients common stock carry an expiration date of January 29, 2028. Footnote disclosure indicates these options became exercisable in three tranches on January 29, 2019, 2020, and 2021 under the company’s incentive plan.
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